The Walmart NW Arkansas Championship is coming back for the 13th year to Northwest Arkansas June 28-30 at the Pinnacle Country Club golf course. The tournaments mission is to improve the quality of life in Northwest Arkansas, and it continues to do so each year. The event has grown into so much more than just the LPGA tournament over the years, with this years event including everything from food, charitable giving, a 5k run, and family and kid-friendly events. There is something for everyone to do in the community at this event! You can find the schedule for the weekend here. A daily tournament ticket is $10 for general admission, and if you want one for the week it’s $25. Kids 17 and under get in free with a ticketed adult into general admission, along with free admission for Active, Reserve & Retired Military and their families. If you want to have access to The Club and receive food and drinks overlooking the 17th hole, a daily admission ticket is $75, and a weekly admission ticket is $200. Kids aged 12 and younger can get in free with a ticketed adult to The Club. Tickets are still available, so get them before they are gone! You can purchase tickets here. For more information on this event, you can visit https://www.nwachampionship.com. This is a weekend you don’t want to miss, so bring your family and friends and head out to the Pinnacle Hills Country Club next weekend!

Ozark Mountain Bagel Co. Opening New Location

Ozark Mountain Bagel is an authentic New York-style bagel company located in Bentonville, AR and is owned by Bill and Sheila Ford, as well as their son Tyler Ford. Their strive for personal relationships with every customer is what makes them unique from other bagel companies in the NWA area. Ozark Mountain Bagel was recently voted #1 best sandwich in Arkansas by USA Today! Their bagels are made from scratch- each water boiled and baked fresh every day. Their menu consists of not only 17 kinds of bagels but also sandwiches, salads, coffee and numerous different cream cheese options. The Big Pig is a popular sandwich on the menu that includes egg, cheese, bacon, ham, and sausage.. YUM! They are opening a NEW LOCATION on the Bentonville Square that will open its doors in early June. There will be an Open House night at this new location on Friday, May 31 to celebrate and the opening. Ozark Mountain Bagel Co. is in the process of getting their beer and wine permit, and once that is done they will extend their current hours in both locations. In this new location, delivery via bike will be available around the Bentonville Square. This is a must try restaurant that will soon be open in 2 convenient areas in Northwest Arkansas! Follow them on Instagram and Facebook @ozarkbagelco. Their hours are Monday-Friday 6am- 3pm and Saturday-Sunday 7am-1pm.

 

Art of Wine

 

The 19th Annual Art of Wine Festival is May 16-17, 2019. This is the Walton Arts Center’s largest annual fundraiser of the year. There are two evening events that will take place at the festival- both being held at the Walton Arts Center on two separate nights. The Winemaker’s Dinner is being held May 16 and includes a 6-course gourmet meal put on by Bordinos and will be featuring wines from E&J Gallo. The event will wrap up with a silent auction as well as live entertainment during the wine reception. E&J Gallo’s own wine ambassadors will be speaking at the event. Tickets are $225 and can be purchased here.

Their second event, Uncorked is being held on the evening of May 17. The event will feature “tastings of more than 800 different wines from all over the world, beer, spirits, and food from more than 15 local NWA restaurants and vendors as well as music” Walton Arts Center website. Tickets are $150 and you must be 21 years or older to purchase. You can purchase your ticket through the website above. This Uncorked event will include a Balloon Pop where guests can win a variety of prizes ranging from shows at the Walmart AMP and the Walton Arts Center, to wine, merchandise and gifts from local boutiques. Not only will you be able to taste different luxury wines, but once every hour you will have the opportunity to learn how to mix drinks like a professional in a 20 minute class taught by Steven Idlet of Maxines. Located outside of McBride Studios in the lobby is a Distinctive Dwelling pop-up shop, so don’t forget to check it out! Underwood’s Fine Jewelers will also have a Pop-Up shop, and a percentage of their proceeds from the event will fund Walton Arts Center’s arts education programming.

This is a weekend you do not want to miss in Fayetteville at the Walton Arts Center. Get your tickets today before they are sold out!

I’m pretty confident that if you asked anyone who has ever owned a rental property you would get an overwhelming response that it’s not as lucrative or easy as they thought it would be. In fact, owning a rental property can be a major pain, and end up costing you a ton of money!

I certainly don’t mean to be a “Debbie Downer”, and I know that if it’s done right it can be lucrative, but from an insurance agent’s perspective, I don’t see a lot of people doing it right.

So you’re probably thinking, “Well Chris, you are an insurance agent. What do you know about real estate or rental properties? Why should I take advice from you?”

I’m not a real estate agent, and I don’t own a rental property. However, several of my friends/family/clients/co-workers own rentals, and because I insure a bunch of their properties, I’ve had a first hand account of the process, and I’ve learned what to do, and what not to do.

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I was recently asked this question by one of our Ozk Insurance clients, and thought I would share the answer here for our readers.

There are a lot of things that go into homeowners and auto insurance rates, one of them being credit. I’ve heard a lot of complaints from people who don’t like the fact that insurance companies use credit in their underwriting.

Some people have absolutely no idea that it’s used in the rate at all.

At the end of the day, there’s not much we can do about it though. Insurance companies have been using credit in their rates for decades, and that’s not likely to change.

By the way, insurance companies don’t pull your credit like a mortgage company or credit card company does. There is no negative impact on your credit as a result of an insurance company looking at it.

When I say “pull” what I mean is that the insurance company is doing what’s called a soft inquiry, which is not the same thing as having your credit pulled (hard inquiry).

When does credit play a role in insurance rates?
It’s important to understand that insurance companies don’t continuously check or monitor your credit. Usually, they only check it when you first get a quote and/or sign up with them in the very beginning.

This means that if your credit score increases (or decreases) your insurance company does not automatically know about it.

So, to my customers question of whether or not his increased credit score will lower his rates, the answer is not automatically.

What has to be done on our side as the agent is contact the carrier the insurance and ask them to do what’s commonly referred to as a “re-score”. This is when the insurance company can re-run the person’s credit (soft inquiry) to see if there is any positive bearing on the rate.

This isn’t something that the insurance company is going to let the agency do every single year, so it’s not worth even asking unless there has been a significant change in your credit score, and only you as the customer would know if that was the case.

If you’d like to get a better handle on your credit rating, it could be helpful to setup credit monitoring. We hope this was helpful! As always, leave us comment below if you have any questions.

Why do my auto insurance rates keep going up even though my car is getting older?  At Ozk Insurance, many of our clients ask this question so I would like to address it from a couple of angles.

First things first, even though it’s called car/auto insurance, it covers more than just your car. It should technically be called “auto-owners” insurance, similarly to how home insurance is actually called “home owners insurance”.

It’s important to understand that there are a lot of variables that go into insurance premiums, and with auto insurance, it’s no different.

The insurance company is much more concerned with you crashing into someone and causing them (or yourself) bodily harm, or death, than they are about your car. A car is a material possession which can be replaced.

A human life is not.

When is the last time you looked at your auto insurance policy?
If you look at it you’ll notice there are a lot of different coverages on your auto policy.

Bodily injury
Property damage
Un-insured motorist
Under-insured motorist
Medical Payments
Loss of Income
Funeral Expense
Loss of use
Rental Reimbursement

These are all things that you are covered for on your auto policy. How many of them have to do with your car?

None.

How many of them have a price next to them on your policy?

All of them.

Your car isn’t the only thing you’re being charged for on your policy
That’s because auto insurance covers far more important things than your car as mentioned above.

Let me re-phrase that: your car insurance rate isn’t just based on your car.

You’re not the only one…
It’s also important to understand that you are not the only person your insurance company insures. You are one fish in an ocean of other fish, sharks, and sea creatures, all who have different characteristics and risk profiles.

Insurance is all about spreading costs over a large number (risk pool) of people, which each person paying their fare share. That risk pool is constantly changing, and is impacted by a ton of different things, including the overall economic climate.

This means that you are sharing in the cost of millions of other people, many of whom may have poor loss history and/or credit.

That’s what insurance is though — sharing in the cost.

The next time your auto insurance rates go up, take a look at the big picture. Make sure you’re looking at ALL of the coverages, and corresponding rates.

Hope this helps!  If you would like to know more about Car Insurance be sure to visit our page dedicated to it.